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Core Purpose

Notification of the Tripura Gramin Bank (Officers & Employees) Service (Amendment) Regulations, 2024, further amending the Tripura Gramin Bank (Officers & Employees) Service Regulations, 2010.

Detailed Summary

The Board of Directors of Tripura Gramin Bank, exercising powers under section 30 read with section 17(1) of the Regional Rural Banks Act, 1976 (21 of 1976), after consultation with sponsor bank Punjab National Bank and the National Bank for Agriculture and Rural Development (NABARD), and with previous sanction of the Central Government, notified (F. No. TGB.1/2024, dated 20 September 2024, Agartala) the Tripura Gramin Bank (Officers & Employees) Service (Amendment) Regulations, 2024, effective from publication. The amendments to regulation 61(4) cap accumulated Privilege Leave at 270 days and restrict encashment to a maximum of 240 days. Regulation 67 is amended to add a cross-reference to regulation 11 for retirement from Bank service in the second proviso; substitute the third proviso to provide that employees terminated by retrenchment are eligible for payment equivalent to emoluments for accumulated privilege leave (subject to the regulation 61(4) cap); and insert further provisos entitling employees who voluntarily retire on/after 1 April 2018 (under regulation 27(1)-(2) of the Tripura Gramin Bank (Employees') Pension Regulations, 2018), employees compulsorily retired (including as punishment), and employees who resign under regulation 10(1), to payment for accumulated privilege leave under specified conditions (with resignees limited to half of accumulated leave up to 120 days). Signed by Satyendra Singh, Chairman [ADVT.-III/4/Exty./560/2024-25]. The principal 2010 regulations were originally published on 22 January 2011 (Notification No. RRB/A-5/509/2010 dated 19 January 2011) and subsequently amended by further notifications.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-TR-E-17102024-257976 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 791] NEW DELHI, WEDNESDAY, OCTOBER 9, 2024/ASVINA 17, 1946 6525 GI/2024 TRIPURA GRAMIN BANK NOTIFICATION Agartala, the 20th September, 2024 F. No. TGB.1/2024. —In exercise of the powers conferred by Section 30 read with sub-section (1) of Section 17 of the Regional Rural Banks Act, 1976 (21 of 1976), the Board of Directors of Tripura Gramin Bank after consultation with Punjab National Bank, being the Sponsor Bank and the National Bank for Agriculture and Rural Development and with the previous sanction of the Central Government, hereby makes the following regulations to further amend the Tripura Gramin Bank (Officers & Employees) Service Regulations, 2010, namely:- 1. (1) These Regulations may be called Tripura Gramin Bank (Officers & Employees) Service (Amendment) Regulations, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Tripura Gramin Bank (Officers and Employees) Service Regulations, 2010 (hereinafter referred to as said regulations), in the regulations 61 for sub-regulation (4), the following sub- regulation shall be substituted, namely:- "(4) Privilege Leave may be accumulated up to not more than 270 days, except where leave has been applied for and it has been refused: Provided that encashment of Privilege Leave shall be restricted up to a maximum of 240 days." 3. In the said regulations, in regulation 67, - (a) In second proviso, after the words “retire from the service of the Bank”, the words “under the provision of regulation 11" shall be inserted; (b) For third Proviso, the following proviso shall be substituted, namely:- "Provided also that in respect of the employee where his services are terminated owing to retrenchment, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated subject to sub-regulation (4) of regulation 61." (c) After third proviso, the following provisos shall be inserted, namely:- "Provided also that where an officer or employee voluntarily retires from service on or after the 1st of April 2018, after giving due notice under sub-regulations (1) and (2) of regulation 27 of the Tripura Gramin Bank (Employees') Pension Regulations, 2018, he shall be eligible to be paid a sum equivalent to the emoluments for the period of privilege leave he had accumulated, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee has been compulsorily retired including as a measure of punishment, he shall be eligible to be paid a sum equivalent to the emoluments of any period, subject to sub-regulation (4) of regulation 61. Provided also that where an officer or employee leaves or discontinues from service or resigns under the provisions of sub-regulation (1) of regulation 10, he shall be eligible to be paid a sum equivalent to the emoluments in respect of privilege leave to the extent of half of such leave to his credit on the date of cessation of service, subject to a maximum of 120 days". Note:— SATYENDRA SINGH, Chairman [ADVT.-III/4/Exty./560/2024-25] The Tripura Gramin Bank (Officers and Employees) Service Regulations, 2010 were published in Gazette of India, Part III, Section 4, dated the 22nd January, 2011, vide notification number RRB/A- 5/509/2010 dated the 19th January, 2011 and subsequently amended vide notification number dated the

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